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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Rulebook Modules
General Module (GEN) [VER44/07-19]
GEN 2 Financial Services
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Financial Markets Tribunal

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GEN 2.13.1

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The definitive version of DFSA handbook text is the PDF version as that is the text of the instrument as made and published by the DFSA.

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(1) In GEN Rule 2.2.2 Providing CustodyG means one or more of the following activities:
(a) safeguarding and administering InvestmentsG belonging to another PersonG ;
(b) in the case of a FundG , safeguarding and administering Fund PropertyG ; or
(c) acting as a Central Securities DepositoryG .
(2) In (1)(a) and (b), the following activities do not constitute administering InvestmentsG or Fund PropertyG :
(a) providing information as to the number and value of any InvestmentsG or Fund PropertyG safeguarded;
(b) converting currency; or
(c) receiving documents relating to an InvestmentG or Fund PropertyG for the purpose of onward transmission to, from or at the direction of the PersonG to whom the InvestmentG or Fund PropertyG belongs.
(3) In (1)(c), "acting as a Central Securities DepositoryG " means holding securities in uncertificated (dematerialised) form to enable book entry transfer of such securities for the purposes of clearing or settlement of transactions executed on a facility operated by an Authorised Market InstitutionG or an Alternative Trading SystemG or a similar facility regulated and supervised by a Financial Services RegulatorG .
Derived from DFSA RM01/2004 (Made 16th September 2004). [VER1/09-04]
[Amended] DFSA RM56/2008 (Made 1st July 2008). [VER19/07-08]
[Amended] DFSA RM119/2013 (Made 14th July 2013). [VER33/07-13]
[Amended] DFSA RM166/2016 (Made 10th February 2016). [VER36/04-16]